Road Operator Completes International Placement

Road Operator Completes International Placement

Mexico Bonds

OHL Mexico’s Concesionaria Mexiquense (Conmex) road concession has priced MXP18.78bn-equivalent ($1.45bn) in inflation-linked international bonds through a private placement, OHL Mexico says. The toll road operator has sold MXP8.24bn-equivaqlent in 2035 UDI-denominated bonds, and MXP10.54bn-equivalent in 2046 zero-coupon UDI-denominated bonds. The zero-coupon tranche was to priced at a “discount,” though no additional pricing info was disclosed. The issuer and its bankers declined to comment or

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